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Monday, 31 July 2017
WEEKLY NIFTY/ BANK NIFTY TECHNICAL VIEW CALL @8817002233
WEEKLY NIFTY/ BANK NIFTY TECHNICAL VIEW
NIFTY OUTLOOK
TREND :- BULLISH
RESISTANCE
R1 10050
R2 10115
SUPPORT
S1 9963
S2 9928
TECHNICAL VIEW:
On the daily chart the Nifty is above the 20-day moving average (DMA) and the 40-DEMA, i.e. 9990 and 10115 respectively. The momentum indicator is in bullish mode on the daily chart.
BANK NIFTY OUTLOOK
TREND :- BULLISH
RESISTANCE
R1 25032
R2 25175
SUPPORT
S1 24650
S2 24520
TECHNICAL VIEW:
On the daily chart the Bank Nifty is above the 20-day moving average (DMA) and the 40-DEMA, i.e. 24920 and 25020 respectively. The momentum indicator is in bullish mode on the daily chart.
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